Ethics Of Management : How A Corporation 's Ethical Lapse Impacts The Business And Employees ( Apple Case )

1479 WordsApr 14, 20166 Pages
Ethics in Management Ethics in Management: How a Corporation’s Ethical Lapse Impacts the Business and Employees (Apple Case Study) Apple Company was founded in the year 1976 by two friends Steve Jobs and Steve Wozniak. The two friends began the company on the first of April with the aim of altering how people viewed computers. Although history only recognizes the contributions made by the two, a third founder is mentioned, Ronald Wayne, who was the brains behind the invention of the IPhone, IPad, and IMac. However, it is said that Wayne backed out of a partnership offer given to him by Jobs, selling his shares at $500. The need to develop the Apple computers was driven by MITS approach back then, which encouraged people to come up with simple inventions that could be used by everyone. With the few resources that Wozniak could lay his hands on at the Hebrew Computer Club in California, he came up with the first computer that had a keyboard that resembled a typewriter, and which could be connected to a regular TV. This was the origin of the Apple 1. It was the invention of this computer that invited Jobs to develop an interest, and together the three formed the company (Apple). The Apple name was invented by Steve Jobs and since then the company has grown in terms of sales and development of some of the best products. Apple’s current mission statement is a summary of what the company offers to its customers and its intentions to be the best at what it does. Furthermore, the

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